Let the bells ring out! Just over a year after media tycoon Rupert Murdoch tied the knot with Texan supermodel Jerry Hall, his second daughter, TV executive Elisabeth, is today to marry her Turner prize-winning fiance Keith Tyson.

Guests will congregate at Elisabeth's home near Burford in the Cotswolds with its huge purpose-built party barn.

Her parties are legendary and her annual New Year's Eve bash last year, attended by David and Samantha Cameron and George Osborne, was purported to have cost £500,000 with an entrance tunnel made of flowers and roving graffiti artists spray painting the loos mid-party with guests' names.

So there is huge anticipation that Elisabeth, who is worth £160 million, will push the boat out again.

Murdoch senior and Elisabeth's new stepmother Jerry Hall will be there, as will prominenent members of the Chipping Norton Set, the group of influential political and media figures in West Oxfordshire, including ex-Top Gear host Jeremy Clarkson and Murdoch executive Rebekah Brooks.

The couple have been dating since late 2015, and friends say they have been the picture of contentment as they planned their nuptials.

Two weeks ago, Tyson, 47, jetted off on his stag do to St Tropez in France in a private jet.

They were joined by Clarkson, who was holidaying in the South of France, and billionaire art collector Poju Zabludowicz, who had his yacht moored in the bay of St Tropez.

Power couple: Elisabeth with second husband Matthew Freud on their wedding day in 2001. Right: Freud earlier this year

After a lively lunch, the revellers dressed up in women's clothes and jetted back to London dancing to music.

Back in Blighty, they went to the Groucho Club in Soho, where Alex James kept joking loudly they were on a stag do for a gay wedding. Tyson had also booked rooms at his favourite luxury hotel, Claridge's, which is a far cry from his native Cumbria.

The artist grew up in a working-class household and left school at 15 to work as a shipbuilder for five years. The father-of-three has previously spoken of battling a gambling addiction.

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He famously won more money by betting on himself than he did from the £20,000 Turner prize cheque he received in 2002.

Friends say he is convivial and 'less annoying than your usual contemporary artist'.

Today's wedding will be third time lucky for Elisabeth. She married Ghanaian financier Elkin Kwesi Pianim in 1993, but they divorced in 1998.

She then married PR guru Mathew Freud, the great-grandson of psychoanalyst Sigmund Freud and nephew of artist Lucian, at Blenheim Palace in 2001. The pair, who have two children, became the ultimate media couple with their 22-bedroom mansion Burford Priory the epicentre of the Chipping Norton Set.

They endured a high-profile divorce in 2014 following a 'war of attrition' between Freud and his father-in-law over Tony Blair's relationship with Rupert's then-wife Wendi Deng.

A sight for sore eyes: Artist Tyson at his stag do this month

Freud, 53, took his friend Blair's side and banned his father-in-law from his 50th birthday party because Blair was a guest. It later emerged that Freud had secretly fathered a lovechild more than two years before his divorce from Elisabeth, who was unaware he had the child until 2015.

A source close to Freud said at the time: 'It happened during what was a very difficult time for their marriage and the affair was a symptom, not the cause, of the break-up.'

Following her split with Freud, Elisabeth, 48, went out for nine months with celebrity chef Mark Hix, who is a close friend of fiance Tyson.

'They knew each other a bit before but they got to know each other better through me,' said Hix.

'I wouldn't say the break-up was ideal, but now I don't mind about their new relationship or that it is with a friend of mine. We see each other all the time and we're the best of pals'

Elisabeth personally made £130 million in 2011 when she sold her TV production company Shine, whose hit programmes include the BBC's MasterChef, to her father's company, News Corporation.

While Elisabeth's romantic life has flourished, her ex-husband Freud's appears to be in the doldrums.

His brief relationship with heiress Jemima Goldsmith, the ex-wife of cricketer Imran Khan and the former girlfriend of actor Hugh Grant and comedian Russell Brand, fizzled out last year.

He also had to call off his summer party last year in the wake of sex abuse allegations about his late father, Sir Clement Freud.

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